Define a public limited company(PLC)?

A company listed on the stock exchange

What does Article of Association govern?

Internal management of a company.

What limits the liability of LLC owners?

Their investment in the company.

What is a sole proprietorship?

A business owned by one person.

A business operating under another's brand

What is the Article of Association?

A document outlining company rules

A business owned by two or more people

Who initiates criminal proceedings?

The state or Crown Prosecution Service

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Business and Management

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Contemporary Business Environment - Recap week 1

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Questions 32

Answers

1
Define a public limited company(PLC)?
A company which provides to public a catering services
A company which is bankrupted
A company listed on the road side billboards
A company listed on the stock exchange
2
Is it required for company registration?
False
True
3
What does Article of Association govern?
Internal management of a company.
External management of a company
Hiring and firing the employees
Increments in the employees salary
4
What does "Rule of Law" Mean?
Might is right
Everyone who has influence
Anyone with money and connections
Everyone is subject to the Law
5
What limits the liability of LLC owners?
Their unnecessary involvment in the company
Their investment in the company.
Their freedom in the company
Their over drafting money from the company
6
What does partnership law regulate?
Rights and duties of partner
To take money from company account
Rights to spoils the partners
Misuse of connections
7
Who owns a PLC?
Public shareholders
Someone's in-laws
Public Service commission
Private individual
8
What is a key benefit of a PLC?
Access to public investment
Access to restricted area
Access to bank accounts
Access to luggage
9
What governs partnership?
Country Law
Partnership Law
Law and Order
Lawlessness
10
Which court handles high-value civil cases?
High Court
Magistrates Court
Home Care Courts
Supreme Court
11
What is a sole proprietorship?
Solar Panel Ship
Titanic Ship
A business owned by one person.
War Ship
12
What is franchise?
A business owned by someone's Fiancé
A business operating underground
A business operating under another's brand
A business operating under one family
13
Is a partnership a separate legal entity?
True
False
14
Does partnership law apply to LLP?
Yes, fully
No, not at all
I am not sure
Yes, partially
15
What type of cases does the Crown Court hears?
Family disputes Cases
Road Accident Cases
Students Cases
Serious Criminal Cases
16
What is main aim of criminal law?
To put people in prison
To make life difficult for people
To reward people
To punish offenders
17
What happens if a partner leaves?
Disaster
The partnership may dissolve.
Celebrations
The other partner carry
18
What is the Principle of Stare decisis?
Following HM Precedents
Following Local Council Precedents
Following Legal Precedents
Following Parliament House Precedents
19
Under which law corporations operate?
Family Law
Shariyah (Islamic) Law
Court Law
Company Law
20
Can this documents be amended?
True
False
21
What is the Article of Association?
A documents outlining company failure
A document outlining company rules
A documents outlining company profit
A document outlining company holidays
22
Name a common remedy in civil law
Abusing
Giving Presents
Compensation
Bribery
23
What is the Highest Court In the UK?
Tennis Court
High Court
Food Court
The Supreme Court
24
Which court hears appeals in criminal cases?
No. 10 Downing Street
The House of Lord
Local Council
The Court of Appeal
25
Can LLC shares be traded publicly?
Yes, they can
Maybe
I am not sure
No, they can not
26
What is partnership?
Traveling Cruise Ship
Submarine Ship
Royal Navi Ship
A business owned by two or more people
27
What is the main aim of civil law?
To teach people a lesson
To punish the people
To resolve disputes
To bring people in the court
28
What are the two main source of Law in England
Human Rights Law
Common Law and Statute Law
Public Law and Private Law
Might is Right
29
Who initiates criminal proceedings?
The People
HM Tax and Revenue Department
The state or Crown Prosecution Service
Ministry of Home Affairs
30
What is the main focus of company law?
Corporate governance
To import and export
To make money
To make friendship
31
What is the lowest court in the UK?
Magistrates Court
Food Court
Tennis Court
Manchester United Football Court
32
How are profits shared in a partnership?
The CEO will take more
Give the profit to poor people
Cruelly
Equally or as agreed

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